nic's recent activity

  1. Comment on Is 2025 the year AI agents take over? Industry bets billions on AI's killer app. in ~tech

    nic
    Link Parent
    Yeah, I am not sure I buy everything Aswath is selling (he is in finance, not an economist), but it is a reminder that current web of financial engineering is far more complex than most of us can...

    Yeah, I am not sure I buy everything Aswath is selling (he is in finance, not an economist), but it is a reminder that current web of financial engineering is far more complex than most of us can easily comprehend.

    This AI boom is much more like the dot com boom than anything else. Except things are moving a lot faster. Normally conservative companies are desperate to jump on the AI band wagon, before they get left behind. The dot com boom it was mostly tech companies that jumped on the band wagon. I am seeing C suite across most industries prioritizing AI over almost everything, and they are all buying into the hype. The CRO's are the worst, you would think they would know better than to buy into the sales hype, but they are the biggest suckers.

    I work in this space, and realistically we are probably years or decades away from massive job displacement, but that doesn't mean the bubble won't pop once the hype pops. And once the tide goes out, we find out who has been swimming without swimwear. Or not. People who are pissed they missed out on the tech bubble may be willing to ride out the AI bubble.

    2 votes
  2. Comment on Is 2025 the year AI agents take over? Industry bets billions on AI's killer app. in ~tech

    nic
    Link Parent
    Thanks. I thought you were referring to jobs being replaced in the security and financial sector due to AI, (similar to what is happening with film and media production companies). Which surprised...

    Thanks. I thought you were referring to jobs being replaced in the security and financial sector due to AI, (similar to what is happening with film and media production companies). Which surprised me. Your actual response makes a lot more sense.

    I'm actually surprised we haven't seen more deepfakes used to scam companies out of millions... it didn't take much for that one guy (Evaldas Rimasauskas,) to fake bill the fang companies, and it is relatively easy to deep fake your face to look like someone famous over zoom.

    3 votes
  3. Comment on Is 2025 the year AI agents take over? Industry bets billions on AI's killer app. in ~tech

    nic
    Link Parent
    US Govt Debt (treasuries) and inequality (investment bubbles) aren't drags on the economy... until they are. Interest burden can cause govt spending cutbacks causing recessions which can pop...

    US Govt Debt (treasuries) and inequality (investment bubbles) aren't drags on the economy... until they are.

    Interest burden can cause govt spending cutbacks causing recessions which can pop investment bubbles which can cause deflationary recessions.

    And does the Fed really prevent recessions? Or does it cause them? Or does it simply predict them?

    https://aswathdamodaran.substack.com/p/fed-up-with-fed-talk-factchecking

  4. Comment on Is 2025 the year AI agents take over? Industry bets billions on AI's killer app. in ~tech

    nic
    Link Parent
    Has AI impacted finance and security? How?

    education, finance, and security

    Has AI impacted finance and security? How?

    2 votes
  5. Comment on Ten films about the immigrant experience in ~movies

    nic
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    As the line between films and TV series is blurring, I would add Flight of the Concords to the list.

    As the line between films and TV series is blurring, I would add Flight of the Concords to the list.

    1 vote
  6. Comment on What are your Christmas movies? in ~movies

    nic
    Link Parent
    If you love Jimmy Stewart in Wonderful Life you should really check out Harvey It's not exactly a Christmas movie, but it typifies the Christmas spirit. And it is hands down a fantastic movie.

    It's a Wonderful Life

    If you love Jimmy Stewart in Wonderful Life you should really check out Harvey

    It's not exactly a Christmas movie, but it typifies the Christmas spirit. And it is hands down a fantastic movie.

    2 votes
  7. Comment on A few questions about replacing our clothes washing machine in ~life

    nic
    Link Parent
    I had read the quality wasn't quite what it used to be since 2018.

    I had read the quality wasn't quite what it used to be since 2018.

  8. Comment on What are your predictions for 2025? in ~talk

    nic
    Link
    Trump lies, loots (profits off the presidency) and breaks impeachable laws. 95% probability. Trump is not held accountable (relatively subdued press coverage, no impeachment). 80%. Europe steps up...

    Trump lies, loots (profits off the presidency) and breaks impeachable laws. 95% probability.

    Trump is not held accountable (relatively subdued press coverage, no impeachment). 80%.

    Europe steps up when Trump stops support of Ukraine. 50%

    Trump's initiates tariffs. 33%

    USA Inflation goes up. 33%

    USA Recession occurs. 33%

    Trump initiates a war. 25%

    Drone tech is used as a weapon to spread fear in USA. 15% probability.

    (Very USA/Trump centric. Sorry)

    11 votes
  9. Comment on What possession(s) do you have that continue to delight you every time? in ~talk

    nic
    Link Parent
    I no longer buy quality consumer brands on Amazon. I've received counterfeit scissors, knives, mixer attachments, socks....

    I no longer buy quality consumer brands on Amazon.

    I've received counterfeit scissors, knives, mixer attachments, socks....

    3 votes
  10. Comment on What possession(s) do you have that continue to delight you every time? in ~talk

    nic
    Link Parent
    You might want to upgrade. Even the "cheap" $30 cubes these days are insanely fun to fidget with.

    I’ve had my 3x3 for about 7yrs now

    You might want to upgrade. Even the "cheap" $30 cubes these days are insanely fun to fidget with.

    1 vote
  11. Comment on Tildes Demographics Survey, year… uh, it’s 2024? in ~tildes

    nic
    Link Parent
    You misunderstood my Gen AI comment. It makes perfect sense that you forced everyone else on here to pick a binary yes/no option. I'm just a tad miffed that I had to pick a binary option also.

    You misunderstood my Gen AI comment.

    It makes perfect sense that you forced everyone else on here to pick a binary yes/no option.

    I'm just a tad miffed that I had to pick a binary option also.

    6 votes
  12. Comment on Tildes Demographics Survey, year… uh, it’s 2024? in ~tildes

    nic
    Link Parent
    Luckily there are those of us who moved to America, so perhaps it all averages out in the wash?

    Luckily there are those of us who moved to America, so perhaps it all averages out in the wash?

    2 votes
  13. Comment on Anyone interested in trying out Kagi? in ~tech

  14. Comment on Weekly US politics news and updates thread - week of December 9 in ~society

    nic
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    Democrats Lost the Propaganda War An article similar to a previous one I posted six years back.... The Hack Gap: how and why conservative nonsense dominates American politics but this one argues...

    Democrats Lost the Propaganda War

    how did Donald Trump win with such wildly unpopular proposals and behaviors?

    First.. there is a vast and exceptionally well-funded right-wing propaganda machine that pipes Republican messaging directly into tens of millions of homes, day in and day out, influencing people both directly and through conversations with families and neighbors

    Second, the mainstream media, for a variety of sociological and political reasons—including outright meddling from Trump-supporting billionaire owners—refused to give Trump the full-blown scandal treatment

    An article similar to a previous one I posted six years back.... The Hack Gap: how and why conservative nonsense dominates American politics but this one argues we need more local news

    A recent study by Paul Farhi and John Volk at Northwestern found an even more stark gap in the worst-off counties. Trump won 91 percent of “news desert” counties—where there is no local coverage of any kind—by an average of 54 percentage points. Notably, several of these are heavily Latino counties on the southern Texas border, which saw enormous swings toward Trump.

    6 votes
  15. Comment on Kagi Small Web in ~tech

    nic
    Link Parent
    I was confused until I read your comment. Kagi Small Web = old school StumbleUpon Now I understand.

    I was confused until I read your comment.

    Kagi Small Web = old school StumbleUpon

    Now I understand.

    10 votes
  16. Comment on Tildes Demographics Survey, year… uh, it’s 2024? in ~tildes

    nic
    Link Parent
    The official 2018 vote. @cfabbro I forgot that Tildoes got zero votes. Honestly. <shakes head>

    The official 2018 vote.

    @cfabbro I forgot that Tildoes got zero votes. Honestly. <shakes head>

    3 votes
  17. Comment on Anyone interested in trying out Kagi? in ~tech

    nic
    Link Parent
    I use it to summarize long videos and long articles. I have a bookmarklet that I click on to summarize whatever I am looking at.

    I use it to summarize long videos and long articles. I have a bookmarklet that I click on to summarize whatever I am looking at.

    2 votes
  18. Comment on Anyone interested in trying out Kagi? in ~tech

  19. Comment on Anyone interested in trying out Kagi? in ~tech

  20. Comment on Anyone interested in trying out Kagi? in ~tech